Sony has made some
great announcements this week! They’ve revealed that PlayStation 5 will release
on 12^th November for the price of $499.99 –the Digital Edition is
currently priced at $399.99. In addition to this, the preorders will start from
September 17^th but only at select places.

Sony is going
neck-to-neck against Microsoft’s next-gen consoles! The competitor has released
its Xbox Series S for $299 and its flagship is priced at $499 – all set to
release on the 10^th of November.

As mentioned above,
only select retailers will be accepting preorders – hence, interested
purchasers from Mexico,
Australia, New Zealand, South Korea, Japan, and the US are in luck as they’ll
get the consoles a couple of days before the rest of the world. Also, Sony
hasn’t given any specific date for China
and has said that the date is yet to be finalized.

Although PlayStation 4
was launched at the price of $399, it is now being sold for only $299.
Similarly, PlayStation 4 Pro was released at the same price, but its Black
Friday sales are (naturally) much cheaper! We’re not sure if the current prices
will drop in the near future. 

PlayStation 5 is likely
to include backwards compatibility as there’s an “overwhelming
majority” that already exists of the PlayStation 4 lineup.

You can say that the
starting price of the new PlayStation 5 is good; it is on the expensive side but
not out of reach for the mainstream buyers. Who can forget when PlayStation 3
was positioned at $499
in the market? Exactly! It’s nice to see that Sony has learned from its
mistake.